EnergyHighConfirmedAccelerating
9.5
IEA cuts Russian oil output forecast again on Ukrainian drone strikes
Straits Times·RU · UA·2 days ago
Russian Minister Kozlov states annual shelf production totals ~21M tons oil and >53B cm gas across 75 fields. This is a routine reporting of existing production levels, not a new development. It underscores Russia's continued reliance on offshore resources amid Western sanctions.